1332 10Th Street, Santa Monica, CA 90401 - Berkshire Hathaway HomeServices California Properties
1332 10th Street Santa Monica, CA 90401
$2,675,000 5 beds, 7 baths
4, 454 sqft

Agent Remarks

** SELLER FINANCING AVAILABLE. CRAFTSMAN HOME + 4 UNITS** A rare opportunity to own a remodeled 5-unit property in the heart of Santa Monica. This 4,454 sq. ft. building sits on a spacious 7,510 sq. ft. R3 lot, offering excellent ADU potential and future development opportunities. The front house is a 2-bed/2-bath Craftsman home, which is vacant and ready for an owner-user or new tenant. It features a fireplace, bay window, large living room, hardwood floors, countertop island, in-unit washer and dryer, and both a front and side yard. Attached to it, through a separate entrance, is an attic space configured as a 1-bed/1-bath unit with a kitchenette, providing additional space and flexibility. The property's charming garden-style design enhances its curb appeal. The rear of the property includes four units: two 1-bed/1-bath units (one currently vacant) and two studio units, one of which includes a private deck, allowing an investor to maximize rental income. The building is in excellent condition, with seismic retrofitting completed, a relatively new roof, and copper plumbing. Additionally, there are four garages, two of which are separately rented, generating extra income and two of which are vacant. The property boasts a current cap rate of 5.29% and a GRM 12.69, making it a highly attractive investment. With a desirable unit mix, prime location, and potential for additional development, this is a phenomenal opportunity to invest or live in one of Santa Monica's most sought-after neighborhoods.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25506801
List price is $2,675,000
Beds: 5
Baths: 7
Built in 1948
4,454 sqft
0.17 acres
Lot size: 0.1725
County: Los Angeles
Zoning: SMR3*
Appliances: Dishwasher,Refrigerator,Dryer,Washer
Parking description: Door-Single,Garage
MLS area: C14 - Santa Monica

Last Updated: 7/8/2025

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This listing belongs to the C14 - Santa Monica MLS area

Lat/Long: 34.021420, -118.490364.
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Listing Agent: David Messiah
Co Listing Agent: Cameron Samimi
Lic#: 01234982
Office Name: Mission Viejo

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